What you'll learn
SAP Ariba Procurement Foundations
Sourcing Strategies Management
Supplier Management
RFx Processes
Auction Management
Source to Contract Management
Collaborative Sourcing
Analytics and Reporting
Integration with other SAP Modules
Best Practices and Case Studies

Requirements
ERP Concepts: A basic understanding of Enterprise Resource Planning (ERP) concepts can be beneficial.
SAP Basics: Familiarity with basic SAP concepts and the SAP GUI is helpful, especially if you have worked with other SAP modules like MM (Material Management)
Procurement Processes: Ariba is predominantly about procurement, so having an understanding of procurement processes, supplier management, and sourcing can be an advantage

Description
Disclaimer: SAP is a registered trademark of SAP AG, and we are not part of SAP Ariba Company.Mastering Strategic Procurement: Unlocking Efficiency with SAP Ariba Sourcing Management SAP Ariba Sourcing Management course, where we delve into the intricacies of strategic procurement and vendor management using the powerful tools offered by SAP Ariba. In this comprehensive course, you will gain a deep understanding of how to optimize your organization's sourcing processes, enhance supplier collaboration, and drive cost savings through effective negotiation strategies.Through a series of hands-on modules, you will learn how to leverage the features of SAP Ariba Sourcing Management to create, manage, and track sourcing events seamlessly. From initiating requests for proposals (RFPs) to evaluating supplier responses and awarding contracts, you will develop the skills needed to orchestrate successful sourcing initiatives from start to finish.Key topics covered in this course include:Introduction to SAP Ariba Sourcing Management: Familiarise yourself with the interface and navigation of the SAP Ariba platform and understand its role in optimising procurement processes.Creating Sourcing Events: Learn how to create various sourcing events, such as RFPs, auctions, and requests for information (RFIs), and customise them to suit your organisation's needs.Supplier Collaboration: Explore strategies for engaging suppliers throughout the sourcing process, from pre-qualification to contract negotiation, fostering stronger relationships and driving mutual value.Supplier Evaluation and Selection: Discover best practices for evaluating supplier proposals, conducting bid analysis, and selecting the most suitable suppliers based on predefined criteria and performance metrics.Negotiation Techniques: Master the art of negotiation by understanding different negotiation styles, tactics, and strategies, and learn how to leverage SAP Ariba's negotiation tools to achieve optimal outcomes.Contract Management: Gain insights into contract lifecycle management within SAP Ariba, including contract creation, approval workflows, compliance monitoring, and contract performance tracking.Real-world Case Studies: Apply your knowledge through real-world case studies and practical scenarios. Analyse and solve procurement challenges using SAP Ariba Supplier Management, preparing you for the complexities of supplier management in a dynamic business environment.Hands-On Experience on SAP Ariba: Engage in real-world scenarios, exercises, and labs, getting a tangible feel of SAP Ariba's functionalities and applications.Personalised Notes and Material: Alongside the interactive sessions, benefit from expertly curated notes and resources tailored to enhance your learning and reference needs.By the end of this course, you will be equipped with the knowledge and skills to harness the full potential of SAP Ariba Sourcing Management, enabling you to drive efficiency, minimise risk, and achieve significant cost savings in your organisation's procurement operations. Whether you are a procurement professional, supply chain manager, or business executive, this course will empower you to take your sourcing capabilities to the next level in today's competitive marketplace.